We all know what is Facebook, what niches it covers and how much money this company has. Mark Z. are working on AI, a free worldwide wifi, blockchain, VR, and other projects that can change this world with the Facebook power.
Lets talk about the price. The chart shows the strong uptrend on the 3Months TF, today the price reached the 7EMA lines what means at 4Q2018 has a big chance for green candle and possible rollback to $200 or higher.
1 Month TF.
EMA lines is like the indicator of the fair price so maybe this is a chance to buy FB shares with discount at support level before it will hit the new highs, but I recommend you to wait the end of September and watch the trend carefully. Everything could happen and the downtrend for a long time too.
1 Week TF.
The break lower will likely see the market falling down to the $135-area before yet another corrective bounce to be seen
ENTER: $135, 145, 155
CLOSE: Hold
Likes/Comments. Yes, please :)
Lets talk about the price. The chart shows the strong uptrend on the 3Months TF, today the price reached the 7EMA lines what means at 4Q2018 has a big chance for green candle and possible rollback to $200 or higher.
1 Month TF.
EMA lines is like the indicator of the fair price so maybe this is a chance to buy FB shares with discount at support level before it will hit the new highs, but I recommend you to wait the end of September and watch the trend carefully. Everything could happen and the downtrend for a long time too.
1 Week TF.
The break lower will likely see the market falling down to the $135-area before yet another corrective bounce to be seen
ENTER: $135, 145, 155
CLOSE: Hold
Likes/Comments. Yes, please :)